Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Pricing
Podcast Image

Daily Stock Picks

Shorting this market still makes sense - Market update 7-5-22

05 Jul 2022

Description

Use tools like $SPXU $SQQQ $SARK and $UVXY for days like today when the market is down.  Energy and $META will be the 2nd half plays I think.  Energy is down today since the fears of inflation become more real. Commodities go down when fear of inflation goes up because of demand slow down.  $MCD - $1 drinks are now $1.53. Could be a boom for the stock with them being able to raise their prices.  $CLF - Njarian on CNBC bought some along with Farmer Jim. He sold calls out in the future to collect $1/mo in premium based on the volatility so he will make money on the trade.  $QCOM down at $120 - this is such a good stock that will renegotiate with $AAPL  $NVDA - touching $140 - I love it here (AGAIN)  $DRV - this is going back to $60 $RIO - another commodity loss - get out if you have gotten in.  Nat Gas will go back to $8 IMO - $KOLD and $BOIL  $OXY $DVN $XOM $CVX $FANG - all down because of energy fears of inflation  Still love $LOW and $TGT based on valuation  

Audio
Featured in this Episode

No persons identified in this episode.

Transcription

This episode hasn't been transcribed yet

Help us prioritize this episode for transcription by upvoting it.

0 upvotes
🗳️ Sign in to Upvote

Popular episodes get transcribed faster

Comments

There are no comments yet.

Please log in to write the first comment.